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ZEBRA TECHNOLOGIES CORP Director's Dealing 2017

May 30, 2017

17736_dirs_2017-05-30_2ad9b908-2d52-4137-8e05-e15ae9229ea7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK: 0000877212
Period of Report: 2017-05-25

Reporting Person: TERZICH MICHAEL H (SVP, Chief Administration Ofcr)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-25 Class A Common Stock S 1789 $106.89 Disposed 31656 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 33445 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $38.79 2022-04-30 Class A Common Stock (14326) 14326 Direct
Stock Appreciation Right $46.07 2023-05-03 Class A Common Stock (8689) 8689 Direct
Stock Appreciation Right $74.72 2024-05-08 Class A Common Stock (4796) 4796 Direct
Stock Appreciation Right $108.20 2025-05-15 Class A Common Stock (3668) 3668 Direct
Stock Appreciation Right $51.42 2026-05-12 Class A Common Stock (7295) 7295 Direct
Stock Appreciation Right $98.87 2027-05-11 Class A Common Stock (4860) 4860 Direct

Footnotes

F1: Of the stock appreciation rights subject to this SAR, 3,581 vested on April 30, 2013, 3,581 vested on April 30, 2014, 3,582 vested on April 30, 2015 and 3,582 vested on April 30, 2016.

F2: Of the stock appreciation rights subject to this SAR, 2,172 vested on May 3, 2014, 2,172 vested on May 3, 2015, 2,172 vested on May 3, 2016 and 2,173 vested on May 3, 2017.

F3: Of the stock appreciation rights subject to this SAR, 1,199 vested on May 8, 2015, 1,199 vested on May 8, 2016, 1,199 vested on May 8, 2017 and 1,199 vest on May 8, 2018.

F4: Of the stock appreciation rights subject to this SAR, 917 vested on May 15, 2016, 917 vested on May 15, 2017, 917 vest on May 15, 2018 and 917 vest on May 15, 2019.

F5: Of the stock appreciation rights subject to this SAR, 1,823 vested on May 12, 2017, 1,824 vest on May 12, 2018, 1,824 vest on May 12, 2019 and 1,824 vest on May 12, 2020.

F6: Of the stock appreciation rights subject to this SAR, 1,215 vest on May 11, 2018, 1,215 vest on May 11, 2019, 1,215 vest on May 11, 2020 and 1,215 vest on May 11, 2021.